Wed, Jul 30, 2014, 8:28 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Citigroup Inc. Message Board

  • srbbs srbbs Mar 22, 2013 11:32 AM Flag

    Cyprus Banks Passed the stress test; that was 3 weeks ago.

     

    Makes you wonder about our banks. They didn't catch the games JPM was playing until it was too late.

    One of the most interesting issues of what has happened in Cyprus is where was the problem three weeks ago? There was not a mention, not a hint of anything that was wrong. All of the banks in Cyprus had passed each and every European bank stress test. The numbers reported out by the ECB and the Bank for International Settlements indicated nothing and everything reported by any official organization in the European Union pointed to a stable and sound fiscal and monetary policy and conditions. The IMF, who monitors these things as well, did not have Cyprus or her banks on any kind of watch list. In just two weeks' time we have gone from not a mention of Cyprus to a crisis in Cyprus because none of the official numbers were accurate. Without doubt, without question, if this can happen in Cyprus then it could happen in any other count

    This topic is deleted.
 
C
50.00+0.58(+1.17%)Jul 30 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Yelp, Inc.
NYSEWed, Jul 30, 2014 4:00 PM EDT
Genworth Financial, Inc.
NYSEWed, Jul 30, 2014 4:03 PM EDT